It's surprisingly still difficult to accept and pay people online. Venmo makes this much easier but it's designed for friends. Stripe-integrated Payzo and Plasso are decent but require more upfront setup and built primarily for freelancers or SMB's.
P.S. click here 😉
@rrhoover I agree. I love Venmo and am still shocked by its massive consumer adoption by my "non-tech" friends. But I still find it difficult to find my friends for a first time payment to them on the platform, and usually end up asking them (via showing them my phone to their face), "is this you??" before pulling the trigger.
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This is awesome for SMBs. I wonder if an integrated invoicing system is next?
Obligatory https://cash.me/$McLean
This product is pretty much exactly the same as what ribbon.co have been doing for close to 18 months now. Except I think their debit card option is free.
See: http://ribbon.co/jack
@_jacksmith yeah, but building a product is only half of the equation. Being able to launch it in the market and gain consistent traction is the difficult part when it comes to payments. So much friction.
@_jacksmith@nickoneill I wondered if they were in business as well. Haven't tweeted in almost a year and they were rather active.
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Main reason why I created a profile was the 1.5% transaction fee. Tested it out and very simple to use. Nice security check with a confirmation code to verify payment.
Are Cash Pro accounts not available yet? Was trying to look into how they know if you're a business or not.
I don't understand why big institutional banks, which earn a lot of money, do not invest more in the development of such services.
That's a really cool product anyway. Hope to see it in France soon.
From a business perspective, I'm conflicted. Yes, there needs to be efforts made to acquire customers as well as brand building. But how do they even break even from this at this rate?
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